2 weeks ago - (Bloomberg) -- China’s central bank has set up a swap facility to provide liquidity to institutional investors to buy stocks, part of a broad stimulus package announced earlier that ignited a rally in equities.Most Read from BloombergSan...
1 week ago - (Bloomberg) -- Chinese stocks extended gains in the afternoon as President Xi Jinping’s emphasis on technology development and a slew of central bank statements reignited optimism over policy support. Most Read from BloombergInside the...
1 month ago - The value of the gold reserves, however, rose to $182.98 billion compared with $176.64 billion at the end of July. Gold prices have been rising this year amid bets that U.S. rate cuts are imminent and due to safe-haven demand driven by...
1 month ago - BEIJING (Reuters) -China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth target, but analysts warned more fiscal help...
1 month ago - China just unveiled a stimulus package to pull itself out of its economic doldrums. But there could be consequences that ripple across the globe.
13 minutes ago - Asian shares rose Monday, as the yen dipped in the midst of political uncertainty after Japan's ruling party lost its majority in Parliament's lower house in weekend elections. In currency trading, the U.S. dollar rose to 153.76 Japanese...
13 minutes ago - MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor humorously reached out to Microsoft (NASDAQ:MSFT) CEO Satya Nadella, suggesting he can help with the company’s Bitcoin (CRYPTO: BTC) strategy. What Happened: In a post on X on...
1 hour ago - Boeing is set to launch as early as Monday its plan to raise more than $15 billion in capital, a source briefed on the matter told Reuters. Boeing declined to comment on Sunday. Last week, machinists voted nearly two to one to reject...
1 hour ago - Nvidia (NASDAQ: NVDA) is a dividend stock but not one that will be attractive to many income investors. The chipmaker's forward dividend yield is a...
2 hours ago - Artificial intelligence (AI) holds incredible potential to change industries. Some have likened AI to the biggest transformational technology since...